Hello, fellow Quants!
Welcome to our weekly newsletter, where we share the latest jobs/internships, educational opportunities, and upcoming events in quantitative finance.
Here’s what we have on this week’s agenda:
Internships
Full-Time Jobs
Upcoming Events
Educational Resources
Quant Puzzle
Our Top Internships
✨ Balyasny Asset Management - Intern, Macro Associate, Fall 2023 | a global, multi-manager, multi-strategy investment firm.
✨ AlphaGrep Securities - Quantitative Trading Intern | a quantitative trading and investment firm, developing algorithmic trading strategies.
✨ Amazon - Applied Scientist Intern | An American multinational technology company focusing on e-commerce, cloud computing, and more.
Our Top Full-Time Positions
✨ Man Group - Quantitative Researcher Macro | technology-empowered active investment management focused on delivering performance and client solutions.
✨ Millennium Management - Quantitative Developer (Commodities) | a global investment management firm, built on a sophisticated operating system at scale.
✨ CIBC - Senior Quantitative Analyst | a firm that provides commercial & personal banking services, wealth management, and SMB financial solutions.
✨ NextEra Energy - Proprietary Trader, Natural Gas | America's premier clean energy leader.
✨ RBC Capital Markets - Quantitative Analyst | a global investment bank providing services in banking, finance, and capital markets.
Upcoming Events
📆 6/14 - CQF Institute Conference, Black Scholes | an online conference packed with world-leading experts, discussions, virtual networking opportunities, and more.
📆 6/16 - UC Berkeley’s Financial Innovation Conference | a conference covering the intersection of artificial intelligence and quantitative finance.
Educational Resources
🚀 Investment Analysis and Portfolio Management | a comprehensive introduction to personal finance by revealing the strategies used by large financial institutions.
🚀 How to Land a Quant Internship at Optiver | an article detailing a student’s experience interview for a quantitative trading internship at Optiver.
🚀 The Single Greatest Predictor of Future Stock Market Returns, Ten Years After | a detailed overview of the Aggregate Investor Allocation to Equities (AIAE).
Weekly Quant Puzzles
Question #1 - Probability
If you repeatedly flip a fair coin, what is the expected number of flips you need to perform in order to get a head immediately followed by a tail?
Question #2 - Mathematics
We have 4 positive integers A, B, C, and D. We know AB = 16, BC = 14, and CD = 63. What is A + B + C + D?
Quote of the Week
“Efficient market theory is correct in that there are no gross inefficiencies, but we look at anomalies that may be small in size and brief in time.” - Jim Simons